+
Bajaj Auto targets 10,000 Triumph units monthly by September
ECONOMY & POLICY

Bajaj Auto targets 10,000 Triumph units monthly by September

Bajaj Auto aims to achieve its target of producing 10,000 units of its Triumph motorcycles each month by September. The company had expanded its range of premium brands, including KTM and Dominar, by partnering with British bike-maker Triumph. Two locally made bikes were launched under this partnership in July last year.

In January, Thapar had previously mentioned the company's goal of producing 10,000 units a month without specifying a timeline. Currently, the company manufactures about 6,500 units a month. Triumph constituted 2.1% of Bajaj Auto's total two-wheeler sales in the fourth quarter, contributing to a 26% increase in overall two-wheeler sales year-on-year.

Despite this progress, Bajaj Auto's Triumph still faces stiff competition from market leader Royal Enfield, whose motorcycles are manufactured by Eicher Motors in India. The alliances formed by Bajaj and Hero MotoCorp with Harley Davidson are expected to challenge the dominance of Royal Enfield.

According to LSEG data, Bajaj Auto's standalone net profit for the three months ending March 31 increased by 35.1% to 19.36 billion rupees compared to the previous year. This surpassed analysts' average estimate of Rs 18.26 billion. The growth was attributed to strong demand for entry-level models in rural India, consistent sales of mid-level motorcycles in urban areas, increased exports to certain overseas markets like Latin America, and a favourable comparison with the previous year's performance.

Bajaj Auto aims to achieve its target of producing 10,000 units of its Triumph motorcycles each month by September. The company had expanded its range of premium brands, including KTM and Dominar, by partnering with British bike-maker Triumph. Two locally made bikes were launched under this partnership in July last year. In January, Thapar had previously mentioned the company's goal of producing 10,000 units a month without specifying a timeline. Currently, the company manufactures about 6,500 units a month. Triumph constituted 2.1% of Bajaj Auto's total two-wheeler sales in the fourth quarter, contributing to a 26% increase in overall two-wheeler sales year-on-year. Despite this progress, Bajaj Auto's Triumph still faces stiff competition from market leader Royal Enfield, whose motorcycles are manufactured by Eicher Motors in India. The alliances formed by Bajaj and Hero MotoCorp with Harley Davidson are expected to challenge the dominance of Royal Enfield. According to LSEG data, Bajaj Auto's standalone net profit for the three months ending March 31 increased by 35.1% to 19.36 billion rupees compared to the previous year. This surpassed analysts' average estimate of Rs 18.26 billion. The growth was attributed to strong demand for entry-level models in rural India, consistent sales of mid-level motorcycles in urban areas, increased exports to certain overseas markets like Latin America, and a favourable comparison with the previous year's performance.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?